Pictures From Zimbabwe

Tyler Durden's picture

Just because "Spanish banks are fine" 12 days before they got a full-blown bailout, and global hyperinflation can never happen in this world, where every central planner is now preparing to hold the CTRL and P buttons until the bitter end, here are some pictures from Zimbabwe.

 

And some charts:

 

And the chart most familiar to Americans as at least when it comes to government debt, Zimbabwe is America.

But don't worry. The USD will never lose its reserve status. Oh wait...

Finally, a timeline:

  • April 1980
    • The (first) Zimbabwean dollar replaces the Rhodesian dollar at par, which buys US$1.54. A series of bank notes is issued, ranging from Z$2 to Z$20.
  • From 1994 to 2006
    • The Reserve Bank issues a new series of notes, from Z$2 to Z$100. As inflation rises and erodes the currency’s purchasing power, Z$500 and Z$1,000 banknotes are issued from 2001 to 2005. In the first half of 2006, new Z$50,000 and Z$100,000 denominations debut.
  • Aug. 1, 2006
    • The first currency reform is implemented in an effort to contain spiraling inflation. The Zimbabwean dollar is redenominated by lopping off three zeros from the old currency. The new (second) Zimbabwean dollar is revalued at one new dollar = 1,000 old
      dollars.
  • July 1, 2007
    • The Z$500,000 note is introduced, valued at about US$16 at the official exchange rate.
  • Dec. 31, 2007
    • The Z$750,000 (US$25) note begins circulation.
  • Jan 1, 2008
    • The Z$1 million, Z$5 million and Z$10 million denominations debut.
  • April 2, 2008
    • Z$25 million and Z$50 million bills are introduced. Prices of basic goods are in millions—a T-shirt costs Z$276.5 million, pants Z$2.75 billion. Tomatoes and other local produce are priced in millions.
  • At a restaurant, two beers and water cost Z$1.24 billion.
  • May 2, 2008
    • The Z$100 million, Z$250 million and Z$500 million notes debut. Annual inflation reaches more than 100,000 percent.
  • May 15, 2008
    • Z$5 billion, Z$25 billion and Z$50 billion notes are printed.
  • July 1, 2008
    • A Z$100 billion note is issued, about the price of three eggs at the time.
  • Aug. 1, 2008
    • Another round of currency reforms is implemented. The government slashes 10 zeros from each second Zimbabwean dollar bill and the third Zimbabwean dollar is valued at 10 billion old dollars (second Zimbabwean dollars). Inflation continues rising.
  • Sept. 29, 2008
    • New Z$10,000 and Z$20,000 notes are introduced.
  • Oct. 13, 2008
    • The new Z$50,000 bill is printed.
  • Nov. 5, 2008
    • Z$100,000 and Z$500,000 notes are issued.
  • Dec. 4, 2008
    • The Z$1 million, Z$10 million, Z$50 million and Z$100 million bills appear. Ten days later, the Z$200 million and Z$500 million banknotes debut, followed by the Z$1 billion, Z$5 billion and Z$10 billion notes issued on Dec. 19, 2008.
  • Jan. 12, 2009
    • The government issues two new denominations: Z$20 billion and Z$50 billion bills.
  • Jan. 16, 2009
    • Even higher denominations are issued: Z$10 trillion, Z$20 trillion, Z$50 trillion bills and the largest banknote ever—the Z$100 trillion bill.
  • Feb. 3, 2009
    • The Reserve Bank of Zimbabwe introduces the fourth Zimbabwean dollar, with 12 zeros removed from old bills, making 1 trillion old dollars equal to one new dollar. Denominations of the new currency are the Z$1, 5, 10, 20, 50, 100 and 500 notes. However, loss of confidence quickly leads to abandonment of the Zimbabwean dollar in favor of foreign currencies, primarily the U.S. dollar and the South African rand.

Source: Dallas Fed

 

 

 

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akak's picture

High yellow, with an emphasis on the "high".

High_Pockets's picture

50% Honkey, and 100% Donkey

Poetic injustice's picture

Dude, why no white cap on picture? Forgot at home?

Waffen's picture

Telling the truth in a world of deceit and lies is a revolutionary act.

In order to fix things we must all accept the realities of the situation and stop lying to ourselves if we are ever going to fix them.

Most all of us have been brainwashed in multiculturalism, diversity is our strength, political correctness and other hog wash.(cultural Marxism)

Speak truth to power, even if it's unpleasant.

Cosimo de Medici's picture

Speak truth to impotence, even if it is unpleasant.

If there wasn’t a single Jew on the face of the Earth, you would still be a failure.  You blame, because you cannot win, and you cannot win, because you are inferior.  Even if there were no Soros or Blankfeins, there would still be Dimons (Greek Orthodox) and Geithners and Buffetts (Protestant).  They would beat you every single time, for all eternity.  Your inferiority is not only relative, but absolute, and resulted from an accident of birth.  That birth is a one time event.  There is no going back.  A silk purse cannot be made of a sow’s ear.

Go on and talk tough about guillotines, ropes and lamp posts.  Maybe that will make you feel better, though in the end you lack the courage to do anything other than whine.

Thank Tyler for at least giving you a forum in which to rant, and where you can find like-minded losers who “cudda been a contender” if not for The Joos, or will rise to the top after the Great Reset.  No, you never could have been a contender, and no matter how many Great Resets happen, you come up down every time.  That fate was sealed when your Momma squirted you out.

Speaking truth to impotence, even if it is unpleasant.

Waffen's picture

Yawn.

You speak as you know anything about me. You know nothing but what i've said and that is that I despise deceit, lies, theft and those that propagate them. I have never blamed "my" failures on others, that is a very pathetic strawman.

If you believe that to "win" in life is only meseausered monetarily or by oppressing others you are lost.

You know nothing about me and to assume so much is to make you a donky's arse.

The_Nihilist's picture

Wow. Good job blaming the victim. And yea that wasn't racist at all... Just pure facts...

Azannoth's picture

Victims of their own stupidity don't count black or white

Waffen's picture

Black africans have about a 70iq so it's much harder to blame them for their failures then to blame Americans 100iq on average for falling for the same tricks.

Azannoth's picture

the Fluoride pushers are working hard to bridge that gap

CommunityStandard's picture

do you also yell at autistic kids for being so stupid?  or only the black ones?

eatthebanksters's picture

You and waffen both have red hair and were adopted and beaten relentlessly for the acts of others, yes?

Waffen's picture

why do you say this?

 

I like to point out lies, injustice, deciet and point out unsaid realities as should anyone that has a problem with evil.  btw isnt this the whole point of Zerohedge?

eatthebanksters's picture

because there lies a very fine line between the real truth and people like you who manipulate facts to further their hateful agendas.  There are bad people from every race, creed, nationality and religion, but that does not make them all bad. BAd people lie and cheat to further themselvs. People like you worry me...you grow little moustaches and start walking around throwing your right arm up in salute while clicking your heels, you create scapegoats (losers love to blame others) and thrive on ignorance.  It has happened more than once and untold millions have come to tragic ends becasue of the likes of people like you.  I may be a bigot for hating you, but only becausee of your hate for everyone but your own twisted kind.

Waffen's picture

I see.. I am anazithatwantstokillsixmillionjews for pointing out that i dislike Zionist and Talmudic jews that teach that its not only ok but you should lie cheat and steal from me since I am not one of the "chosen" people.

 

for the record, I am a libertarian and believe that I can say whatever the fuck I want to; dont piss on me and tell me its raining

eatthebanksters's picture

I am happy that you are a libertarian, so am I but my avatar is not 'Waffen' and I don't buy into your philosophy.  I never said you were a nazi or that you wanted to kill six million jews; that came out of your mind and your mouth.  Yes you can say whatever you want and so can I.  I would never piss on you and tell you it's raining, that would be a lie.  In fact I wouldn't waste the time pissing on you.  

Waffen's picture

You don't yell at autistic kids just as you don't pretend they aren't autistic.

If a majority of people were autistic or borderline retarded would you put them in charge to make the rules?

CommunityStandard's picture

My issue with Az is the hypocrisy.  From Az:

".. it's called compassion, something you will never ever find in a black unless he's faking it or expects something in return"

Either he claims they are "borderline retarded" as you say, or he claims are devious and evil.  He can't claim both.

BattlegroundEurope2011's picture

btw 100 IQ is still pretty low.  Just sayin ;)

 

Zaydac's picture

About average for ZH commentors

akak's picture

How's the weather up there at the top of the Bell curve?

Imminent Crucible's picture

I couldn't say. It's pretty sucky out here on the left tail of the thing.

oddjob's picture

75% on spelling, not bad. No credit for abbreviations.

Umh's picture

So that's why it seems like people are so dim.

SeattleBruce's picture

"This proves 1 thing(among others) that Blacks CAN'T run a Country"

Apparently 'whites' aren't doing such a bang up job of running countries either - checked Europe lately, or the US?  LOL.  Or speaking of various races, what about Japan??  Where does that leave your precious thesis?  Failures like these have nothing to do with melanin and everything to do with human nature.

Azannoth's picture

The White people(but rly any1 with a sufficient level of higher brain functions ie. Asians too) have this weakness, .. it's called compassion, something you will never ever find in a black unless he's faking it or expects something in return. This inherent drive to help others often leads to an infection called socialism and it's all down hill from there, the only way we can survive as a species is to be intelligently compassionate and not throwing our compassion around like farts into the wind, it has to be worth it to help unconditional help often only leads to dependency and greater suffering for all involved

Dasa Slooofoot's picture

Melanin being the only difference is always a facepalm worthy "thought".

I'm gonna go out on a limb and say the US, Europe and Japan are much better civilizations than anything in africa.  In any case, complex things tend to fail catastrophically-- there is nothing complex that is african. 

mjk0259's picture

Hmm, standard of living in the WORST white country is still times 10 the BEST black country and you're a hell of a lot less likely to be murdered.

Kobe Beef's picture

or eaten. or enslaved. or raped with an AK-47. or burned as a witch. or used as "medicine".

The African race is more primitive, their genetic haplogroups and physiological traits more closely resemble homo erectus than Asians or Caucasians.

In short, they are not as highly evolved, and this is scientific fact. Unfortunately, the modern State Religion of Equality refuses to acknowledge the critical differences between different lineages of homo sapiens. And as a religion, seeks to limit the terms of debate and stifle research into this forbidden territory.

The rubes have been trained to shout "racist". It is the same as "heretic" from a few centuries previous.

The case of Zimbabwe is just another historical example of a primitive people unable to continue an advanced civilization. There are many more for those who can see.

Nozza's picture

Reckon you must have missed the earlier post

http://www.zerohedge.com/news/peak-monthly-inflation-1945-hungary-129500...

Don't reckon there were that many blacks in Hungary, Germany, Poland, Russia etc etc etc

Back in the days of fido and usenet I had a reader that has a "twit list" to completely ignore posters. C'mon ZH lets have that kinda option here.

Noz

 

mjk0259's picture

Yes but Zimbabwe isn't paying war reparations greater than their GNP. In fact, they gained what was huge wealth created by others when the present government took over.

Agent P's picture

"...this is not racism this is fact"

I read your whole post, and I'm pretty sure it's racism.

Azannoth's picture

"and I'm pretty sure it's racism." - I take your word for it, for all it's worth, Yid

eatthebanksters's picture

Azannoth, I may not like the job that Barry O i doing so I will vote for someone else as provided by our system. I do recognize cultural differences between peoples of different races, national origins and religions, but I will respect them as people and afford them with the rights due to any people.  Hate spewing retards like you on the other hand, deserve no consideration or respect.  Go back to your dark hole or be squashed like the germ that you are.

Bawneee Fwank's picture

Read "Where black rules white; A journey across and about Hayti"

http://www.hschamberlain.net/hesketh_prichard/whereblackruleswhite01.html

Since the Black Republic arose out of the ashes of the French Revolution, it has been twice an Empire, and a Republic for the rest of the time — nominally. But under whatever category the Government may for the moment have stood, it has always been in reality a military despotism. It is that to-day, and it is possible to bribe your way to almost anything. Republicanism is, after all, a perilous form of government for a young nation, its bounds are so wide and it gives room for the working of mutual jealousies as well as infinite scope to the ambitions of the individual. „France a Republic, America a Republic, Hayti a Republic,“ so say the Haytians. The saying needs no comment.

I have been assured, however, by a European who has long resided in the country that there exists to-day a section of negroes who if they could win their way to power would soon make a beneficial change in the condition of things. I own that I have seen but slight trace of such a class. Besides, there seems to be little doubt that the advent into the arena of active politics of a truly patriotic

party would be resented in the most lively manner by the bigoted populace, who would regard any measures of reform or progress as indicative of a design to sell them into the hand of the white, and thus back under the old yoke of slavery. This belief it is the policy of the Government to keep alive and active.

The lower classes have for their idols black generals, who can neither read nor write, whose sole claim to notoriety is their supernormal fierceness and push. And when all is said and done it is on the influence of these men that the safety and stability of the Government depend. They possess the ear of the multitude, they are puffed up with their own importance. While they retain their present ascendency there can be no going forward for the Republic.

Their watchword is „Hayti for the Haytians,“ which, being interpreted, means conservatism to savagery.  To return then to the question put at the beginning of this article.

"Les Amis des Noirs“, who in the days of the French Revolution gave the black man his first hint of and help towards freedom, have long since passed away themselves, but they set the thinking world a colour-problem. For a century the answer has been working itself out in flesh and blood. Can the negro rule himself? Is he congenially capable?

The non-proven of the Scottish courts seems hardly strong enough by way of a reply. Up to date he certainly has not succeeded in giving any convincing proof of capability, has not indeed come within measurable distance of success. I think we may go a full step beyond the non-proven. We may say that, taken en masse at any rate, he has shown no signs whatever which could fairly entitle him to the benefit of the doubt that has for so long hung about the question.

He has had his opportunity. That opportunity has lasted for a hundred years in a splendid land which he found ready prepared for him. Yet to-day we find him with a Government which, save in the single point of force majeure, has degenerated into a farce; and as for the country itself, houses and plantations have disappeared, and where clearings once were there is now impenetrable forest. Certainly he has existed through one hundred years of internecine strife, but he has never for six consecutive months governed himself in any accepted sense of the word. Today, and as matters stand, he certainly cannot rule himself.

ZeroAvatar's picture

AZ: Don't worry, bro, some people simply will never have the blinders removed. When you stand up to the golden hordes, all you'll get is ignorance and a Salem Witch Hunt in return for your troubles.  Keep your eyes open, your mouth closed, and your gun loaded.

El Oregonian's picture

Lawyers for Ron Paul have taken over Paul's campaign and will have him nominated as the Presidential candidate and have Mitt Romney stripped of his delegates! Great interview and a MUST LISTEN.  Finally, some really great news on dismantling this Tyranny! Long Live Liberty!!

http://www.talkshoe.com/talkshoe/web/audioPop.jsp?episodeId=635553&cmd=apop
Waffen's picture

This needs more attention. Going around Jesse Benton and Trygve Olsen who submarined the Paul campaign.

Husk-Erzulie's picture

Listening now, this could be huge.  TY for posting.

Freddie's picture

Zimbabwe = The Hope & Chains prequel.   Many thanks to the fux here who voted for the islamic.

WiretapWilly's picture

But I bet Zimbabwe is meeting its Kyoto emissions targets, so they can be proud of that.

Lucky Guesst's picture

Also they are being pretty nice by letting us try out all our bogus vaccines! Definately team players.

resurger's picture

For the man holding the "Starving Billionaire"

+1

Peter Pan's picture

Good news just out. The starving billionaire has now made his way out of poverty and is a trilionaire.

Agent P's picture

If he just had a newspaper, he'd have everything you're not allowed to put in the shitter.

sunaJ's picture

Unfortunately, a newspaper would have cost him 1.2 Billion, which would have put him below the billionaire status.